Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Alliant Energy Corp.’s current trading price is -13.83% away from its 52-week high, while its distance from the 52-week low is 7.37%. The stock’s price range during this period has varied between $45.15 and $56.26. The company, active in the Utilities sector, saw a trading volume of around 2.02 million for the day, considerably lower average daily volume of 2.03 million observed over the last three months.
Alliant Energy Corp. had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $56.26 on 07/26/23, while the lowest price during the same period was $45.15 on 10/03/23.
How Financial Performance Impacts Market Capitalization
Alliant Energy Corp. (LNT) has experienced a quarterly decline of -6.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.42B and boasts a workforce of 3281 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 49.59, with a change in price of -0.84. Similarly, Alliant Energy Corp. recorded 1,935,759 in trading volume during the last 100 days, posting a change of -1.70%.
How LNT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LNT stands at 1.43. Similarly, the long-term debt-to-equity ratio is also 1.24.
LNT Stock Stochastic Average
As of today, the raw stochastic average of Alliant Energy Corp. over the past 50 days is 44.09%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 25.23%. Additionally, the Stochastic %K and %D values for the company were 45.24% and 53.47%, respectively, over the past 20 days.
LNT Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -5.50%. However, over the last six months, the performance has been stronger by -1.36%. The price of LNT decreased -0.59% over the last 30 days. And in the last five days, it has fallen by -1.32%.
